Free Printable Accounting Terms

Free Printable Worksheets

Worksheets

Accounting Terms

Total questions: 27

Worksheet time: 14mins

Name

Class

Date

1.

Accounts Receivable

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

2.

Accounts Payable

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

3.

Fees Received

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

4.

Interest on Loan

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

5.

GST

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

6.

Goodwill

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

7.

Insurance

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

8.

Bank

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

9.

Loan

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

10.

Electricity

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

11.

Interest Received

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

12.

Inventory

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

13.

Vehicles

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

14.

(spending on ) Petrol

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

15.

Dividends Received

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

16.

Buildings

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

17.

Telephone and Internet

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

18.

Mortgage

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

19.

Office Wages

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

20.

Stationery

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

21.

Equipment

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

22.

Drivers Wages

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

23.

Repairs and Maintenance

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

24.

CAPITAL

a)

ASSET

b)

LIABILITY

c)

EQUITY

25.

DRAWINGS

a)

ASSET

b)

LIABILITY

c)

EQUITY

26.

NET PROFIT

a)

ASSET

b)

LIABILITY

c)

EQUITY

27.

Bank Overdraft

a)

ASSET

b)

LIABILITY

c)

INCOME

d)

EXPENSE

100 %

Similar Resources on Wayground

22 questions

Budgeting Quiz

Worksheet

•

8th Grade

22 questions

Chapter 10 - Banking

Worksheet

•

9th - 12th Grade

22 questions

Insurance 2nd Year

Worksheet

•

8th Grade

22 questions

PF 4-3 Pay Stub

Worksheet

•

9th Grade

24 questions

PFL # 5a Savings & Investing

Worksheet

•

9th - 12th Grade

22 questions

7.02 Types of Business Ownership

Worksheet

•

9th - 12th Grade

24 questions

PFL # 2a State & Federal Income Taxes

Worksheet

•

9th - 12th Grade

22 questions

Break Even Point

Worksheet

•

9th Grade